euronews: “Do you share the view of the French and other countries that huge controls of the financial market are needed to avoid such a crisis or not?”
MT: “I would say, I share the opinions of those countries that think that the actions should be coordinated, that there could certainly be better control of the derivatives sector to make it safer. It is not only the Czech republic that thinks that very strong national controls should be carried out, that current regulations should be implemented and made more precise rather than introducing a new system.”
euronews: “Don’t you think that European regulations, that a regulation at European level, is badly needed? A strong one… many countries are pushing for that…”
MT: “I evidently think that the European Union is suffering from over-regulation. There are voices heard at the European Council saying that the whole policy of Barroso, of Barroso’s commission – better regulation – is wrong. And here, we’ll evidently get into a controversy because I don’t believe this. I really believe that the financial crisis is something that Europe hasn’t seen since the 1930s, but equally that we cannot break all the rules.”
http://www.euronews.net/en/article/12/12/2008/european-union-overregulated-says-new-eu-president-mirek-topolanek/This is why the EU is doomed. FASCISTS have taken over.
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